MILAN, ITALY / ACCESSWIRE / October 14, 2021 / In today's world, there is a need to have a decentralized fundraising solution for early projects to host cross-chain campaigns under one roof and with interactive UI to engage a project's supporters. While there are some solutions offering a standard fundraising mechanism; they, however, are not really decentralized and transparent solutions. That's why there is still a lot of room for further innovation and improvement to bring an effective and efficient Initial Dex Offering (IDO) launchpad in the investment ecosystem.
"Major flaw is that most launchpads are based on single blockchain, have inefficient allocation process, and give zero advantage to its long-term holders over newcomers irrespective of their token holdings." - said Andrew Smith, Chief Market Development Officer, InfinityPad.
InfinityPad team, however, conducted an in-depth market research for months, looked at the launchpad market evolution with historical data and developed a platform which is completely decentralized, chain-agnostic and community-owned with its token $INFP.
One of the unique features of InfinityPad is that it offers Guaranteed Time-Weighted Allocation, Tri-Pool Mechanism, and Permission-less OTC deals which is the first of its kind in the launchpad sector. InfinityPad is also the first deflationary launchpad and through their Tri-Pool mechanism, it aims to create incredible value for its community while rewarding everyone who contributes on their platform. InfinityPad will be launched first on BSC but integrations with Solana, Ethereum, Cardano, Polygon and other blockchain are in progress.
On Oct 8th, InfinityPad successfully raised over USD 100k in its first private investment round. The company is now focusing on releasing it's first product and executing marketing strategies to raise product awareness. It is also launching its next investment round to raise more capital to push harder on product innovation and expand globally.
InfinityPad just announced their strategic partnership with a Canadian smart contract security audit company InterFi Networks to ensure that every project launched on InfinityPad goes through a detailed security audit. This partnership will boost confidence in InfinityPad's community to support projects raising funds.
About InfinityPad.io
InfinityPad is a next level launchpad to help raise capital across multiple blockchains on a single platform in a fully transparent and decentralized way by connecting projects and communities. The platform is led by DeFi and traditional finance professionals and is set to become an integral part of the ecosystem. It is launching on 20th Oct with an initial market capitalization of USD 468,000.
For more on InfinityPad Launchpad, token sales and how its IDO platform is bringing revolution to launchpads, visit their website.
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Join the InfinityPad community on Telegram.
Read InfinityPad's blog on Medium.
Media Contact:
Contact name: Andrew Smith
Contact email: media@infinitypad.io
This Press Release is for informational purposes only. The information does not constitute investment advice or an offer to invest.
SOURCE: InfinityPad
View source version on accesswire.com:
https://www.accesswire.com/668080/Launching-InfinityPad-Successful-Fundraising-of-Over-100k-in-its-First-Investment-Round
